Growth in Indigenous business will improve employment outcomes
GenerationOne CEO Jeremy Donovan today welcomed the Australian Government’s announcement of increased procurement and public service targets as recommended in the Creating Parity review into Indigenous training and employment.
“The Indigenous owned and operated business sector has been growing and today’s announcement will see that growth increase exponentially as the sector gears up to take advantage of the 3% procurement target to be achieved within 5 years,” said Mr. Donovan.
“As the demand for Indigenous goods and services grows, there will be new employment opportunities for Aboriginal and Torres Strait Islander Australians within Indigenous businesses across the country.”
“The Vocational Training and Employment Centre (VTEC) network is uniquely placed to support Indigenous businesses looking to grow their staff as a result of the Australian Government’s announcement today,” he said.
“The network of 28 VTECs have been established using the GenerationOne model of demand-led employment, and can complement the in-house training and support Indigenous businesses typically provide to their employees, ” said Mr. Donovan.
“Indigenous businesses are 100 times more likely to employ Indigenous people compared with other businesses, and the VTEC network can support this demand,” he said.
“There is a continuing need for intensive pre-employment training to ensure disadvantaged Indigenous people are job ready, with the necessary skills to take on positions within Indigenous businesses as they become available.”
“Supply Nation have raised the profile of Indigenous business, and have connected these organisations with both corporate and government supply chains. Today’s announcement is an endorsement of the work of Supply Nation, and shows confidence in the Indigenous business sector to meet this increased demand” said Mr Donovan.
There are currently 28 Vocational Training and Employment Centres working with employers across Australia to support their training and employment needs, with over 1,000 Aboriginal and Torres Strait Islander jobseekers placed into work to date.
Jeremy Donovan is available to be interviewed on request.